Triumph Financial (TFIN) Scheduled to Post Earnings on Wednesday

Triumph Financial (NASDAQ:TFIN) is set to release its earnings data after the market closes on Wednesday, April 17th. Analysts expect Triumph Financial to post earnings of $0.32 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Tuesday, January 23rd. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.04). Triumph Financial had a return on equity of 5.14% and a net margin of 8.69%. The company had revenue of $106.15 million for the quarter, compared to analysts’ expectations of $106.81 million. On average, analysts expect Triumph Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Triumph Financial Stock Performance

Shares of Triumph Financial stock opened at $75.64 on Monday. Triumph Financial has a one year low of $46.67 and a one year high of $82.22. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 47.28 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.02 and a current ratio of 1.02. The business’s 50 day moving average price is $76.35 and its 200 day moving average price is $72.05.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Stephens reduced their price objective on Triumph Financial from $79.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 25th. Piper Sandler downgraded Triumph Financial from a “neutral” rating to an “underweight” rating and boosted their price objective for the company from $64.00 to $67.00 in a report on Monday, February 12th. Finally, Keefe, Bruyette & Woods boosted their price objective on Triumph Financial from $61.00 to $68.00 and gave the company a “market perform” rating in a report on Thursday, January 25th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat.com, Triumph Financial has an average rating of “Hold” and an average price target of $66.20.

Insider Buying and Selling

In related news, COO Edward Joseph Schreyer sold 12,820 shares of the business’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $72.43, for a total transaction of $928,552.60. Following the completion of the transaction, the chief operating officer now directly owns 50,939 shares of the company’s stock, valued at approximately $3,689,511.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 6.15% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of TFIN. Ameritas Investment Partners Inc. acquired a new position in shares of Triumph Financial during the 2nd quarter worth about $112,000. Osaic Holdings Inc. acquired a new position in shares of Triumph Financial during the 2nd quarter worth about $153,000. AQR Capital Management LLC acquired a new position in shares of Triumph Financial during the 3rd quarter worth about $207,000. MML Investors Services LLC acquired a new position in shares of Triumph Financial during the 2nd quarter worth about $214,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Triumph Financial during the 2nd quarter worth about $326,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.